Just hours after bouncing back, BTC nosedived 2.5% to 114,322 on July 31, 7:45 p.m. EST Altcoins tanked: ETH –4.4%, XRP down to 2.93 before a quick rebound. 💣 Over 1B in leveraged positions wiped out. Are we bracing for a bigger correction? Drop your thoughts(Bitcoin.com News)